Varnell Owens
Better Homes Realty
(650) 449-4167
60 Total Sales
3 in Fitchburg
$390K - $440K Price Range
978 75th Ave Oakland, CA 94621
Fitchburg Neighborhood
10
Beds
4
Baths
2,916
Sq Ft
4,000
Sq Ft Lot
Highlights
- Corner Lot
- Tile Flooring
- Heating System Uses Natural Gas
- No HOA
- Partially Fenced Property
About This Home
As of August 2026Situated along the 75th Avenue corridor less than a mile from Coliseum BART, 978 75th Avenue is a fully occupied East Oakland fourplex offering immediate, stabilized income in an established rental neighborhood. The two-story building spans approximately 2,916 square feet across two 3BD/1BA and two 2BD/1BA units, each with a private entry, assigned parking, and updated kitchen with quartz countertops and shaker cabinetry. Three of four units operate under active HACA HAP contracts, with annualized gross income of $117,660 and a proforma NOI of $76,073. Separate utility meters for all four units keep the expense ratio at a lean 30.5% — tenants pay their own gas and electric. At $895,000 — $307/SF and $223,750 per unit — this is a rare chance to acquire a cash-flowing, HAP-contract fourplex in East Oakland at an 8.5% current cap rate, with current rents approximately 8% below market and a clear path to 9.5% at turnover.
Last Agent to Sell the Property
Keller Williams Realty License #01890931 Listed on: 06/05/2026
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1943
Lot Details
- 4,000 Sq Ft Lot
- Partially Fenced Property
- Corner Lot
- Paved or Partially Paved Lot
- Level Lot
Home Design
- 2,916 Sq Ft Home
- Quadruplex
- Frame Construction
- Stucco
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in unit
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- On-Street Parking
- Uncovered Parking
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Community Details
- No Home Owners Association
- Bridge Aor Association
- Elmhurst Subdivision
Listing and Financial Details
- Tax Tract Number 4089
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 5, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,500
Outstanding Balance
$587,245
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$288,381
Purchase Details
Closed on
Nov 19, 2019
Sold by
Bought by
Purchase Details
Listed on
Dec 15, 2018
Closed on
Jan 4, 2019
Sold by
Bought by
Seller's Agent
Marla Kuresa
Marla Kuresa, Broker
Buyer's Agent
Wayne Kam
Movoto Real Estate
List Price
$699,000
Sold Price
$701,000
Premium/Discount to List
$2,000
0.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.99%
Original Mortgage
$350,000
Interest Rate
4.8%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 26, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Fitchburg, CA
-
Varnell Owens
-
Paulina Mujica
Paulina Mujica
Exp Realty Of California, Inc
(510) 780-3726
46 Total Sales
1 in Fitchburg
$510,000 Price
-
Diego Herra
Diego Herra
Realty ONE Group Zoom
(209) 699-8106
204 Total Sales
1 in Fitchburg
$529,888 Price
-
Erica Marr
Erica Marr
COMMUNITY REALTY & INVESTMENTS
(925) 320-3600
98 Total Sales
2 in Fitchburg
$490,000 Price Range
-
Monique Kenner
Monique Kenner
Responds QuicklyColdwell Banker Kappel Gateway
(707) 205-3488
27 Total Sales
1 in Fitchburg
$412,000 Price
-
Carmen Hernandez
Carmen Hernandez
Responds Quickly(510) 690-8668
71 Total Sales
1 in Fitchburg
$472,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title | |
| Grant Deed | -- | First American Title Company | |
| Grant Deed | $701,000 | First American Title Company | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $670,500 | New Conventional | |
| Previous Owner | $350,000 | Construction |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/04/2026 08/04/26 | Sold | $980,000 | +9.5% | $336 / Sq Ft | |
| 07/03/2026 07/03/26 | Pending | -- | -- | -- | |
| 06/05/2026 06/05/26 | For Sale | $895,000 | +27.7% | $307 / Sq Ft | |
| 01/14/2019 01/14/19 | Sold | $701,000 | +0.3% | $240 / Sq Ft | View Prior Sale |
| 12/21/2018 12/21/18 | Pending | -- | -- | -- | |
| 12/15/2018 12/15/18 | For Sale | $699,000 | -- | $240 / Sq Ft |
Source: bridgeMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $14,083 | $797,604 | $239,281 | $558,323 |
| 2025 | $14,083 | $781,964 | $234,589 | $547,375 |
| 2024 | $13,494 | $766,634 | $229,990 | $536,644 |
| 2023 | $14,021 | $751,604 | $225,481 | $526,123 |
| 2022 | $13,430 | $736,870 | $221,061 | $515,809 |
| 2021 | $12,530 | $722,421 | $216,726 | $505,695 |
| 2020 | $12,383 | $715,020 | $214,506 | $500,514 |
| 2019 | $11,193 | $663,000 | $198,900 | $464,100 |
| 2018 | $4,813 | $200,388 | $60,116 | $140,272 |
| 2017 | $4,494 | $196,460 | $58,938 | $137,522 |
| 2016 | $4,288 | $192,608 | $57,782 | $134,826 |
| 2015 | $4,257 | $189,716 | $56,915 | $132,801 |
| 2014 | $4,477 | $186,000 | $55,800 | $130,200 |
Source: Public Records
Agents Affiliated with this Home
-
Joey Wang
Seller's Agent in 2026
Joey Wang
Keller Williams Realty
(510) 592-5554
2 in this area
146 Total Sales
-
Kailey Thu Mai
K
Buyer's Agent in 2026
Kailey Thu Mai
Wonder Rates
(408) 600-1900
1 in this area
25 Total Sales
-
Marla Kuresa
Seller's Agent in 2019
Marla Kuresa
Marla Kuresa, Broker
(916) 207-6951
88 Total Sales
-
Tyler Kuresa
Seller Co-Listing Agent in 2019
Tyler Kuresa
Marla Kuresa, Broker
(916) 708-5000
78 Total Sales
-
W
Buyer's Agent in 2019
Wayne Kam
Movoto Real Estate
Map
Source: bridgeMLS
MLS Number: 41137423
APN: 041-4157-001-05
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Bay East 2026. CCAR 2026. bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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